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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,914 | $53,774-63.0% | $134,162-85.2% | $79,856-75.1% |
| Participation rate | 0.0% | 58.8%-58.8pp | 72.2%-72.2pp | 69.6%-69.6pp |
| Annual return | 20.75% | 19.01%+1.7pp | 36.35%-15.6pp | 31.71%-11.0pp |
| Employer contribution / active EE | $482 | $1,322-63.5% | $3,705-87.0% | $2,471-80.5% |
| Participant deferral / active EE | $0 | $2,420-100.0% | $3,500-100.0% | $3,741-100.0% |
| Admin fee / account holder | $20 | $3,985-99.5% | $6,685-99.7% | $5,306-99.6% |